UnknownUnicorn1661890
Completely changing my previous analysis for USDCAD, think it's got more room to drop first. It's rejected from the resistance and has dropped below the 50EMA, Target to the 0.618 fib level which also lines up with the daily 50EMA
Target back to double top, I do think there will be a large breakout to the upside due to the flag like formation on larger time frames.
Just had some nice rejection candles and it hasn't hit a target yet so think will continue uptrend to next resistance. EMA rejection on daily time frame also looks really healthy for a buy.
Has hit previous high which is also an important fib level of the previous move. Expecting it to form a double top.
4 hour candles have rejected from the 0.38 and then broke back above the 50EMA. Expecting a rise from here to the previous high which is also the 0.618 fib level.
Perfect 4 hour EMA bounce, think it will at least form a double top if not continue the massive uptrend.
Very bullish on gold, think its got the correct structure to retest previous highs. Breakout on daily and held above.
Still got space to climb and nice low time frame uptrend
Hey traders, On the lower timeframes gold has formed a channel and i think this channel will break down immediately after testing the top blue line once more. Then the target for the colossal drop is the 0.618 of the most recent large move. 10 RR
After revising my previous ideas i think the channel will hit the 0.38 fibonacci as it has broken above the 0.618.
Entered GBPJPY on the retest and in decent profit, target is next resistance.
Waiting for the double top now, isn't ready to drop just yet
I will look to see oils action at the daily 50EMA, i will enter if there's a good rejection, think oil has good room to drop now.
I personally don't see any value for cryptocurrencies in todays society, they've had their mainstream flash and the smart money got out at the top with new investors suffering the consequences. They cannot be used like normal currency as they fluctuate too much and the for the people who are paying for things with them like cars etc, those transactions were...
Hello traders, I think gold will form a double top at the daily 50 EMA and then drop to the next support area. After that i do think it will reverse and go bullish again but will have to wait and watch for its action at the target area
The release of apex legends and the announcement of battle field 5 battle royale is backing this bull run. I initially bought at 96 but chart has given another entry